NO reason to expect MND to reduce the payout ratio , or the profit numbers
The market is bad but is was bad before the 2015/16 commenced and MND have won far more contracts than would of been expected
On that basis a yield on 92 cents dividend is looking very nice indeed at $6.20 14.8% fully franked .
I hope they use the cash to buy back shares this time and blow the shorts up once and for all.
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